Inter president Steven Zhang reportedly flew to California to meet with Sacramento Kings owner Vivek Ranadive as he looks for buyers for the Nerazzurri.
This week, reports emerged that the Nerazzurri’s management met with Goldman Sachs representatives to discuss selling the club. The investment bank have seemingly been given a mandate to help find a new buyer for Inter, something that seemingly must be completed before the deadline for the €275m loan taken from US investment fund Oaktree kicks in.
As highlighted by Calciomercato.com, Zhang flew to California this week to meet with Indian-American businessman Ranadivé, who is the owner of the NBA team Sacramento Kings. Ranadivé had already been linked with Gerry Cardinale’s takeover of Milan, underlining his desire to enter the world of Italian football.
Inter owners Suning’s financial concerns are nothing new but things are starting to heat up as they only have 20 months left to pay €275m back to Oaktree, a loan made with a 12% interest rate. The deadline for this is May 2024.
Sunning also need to pay back bonds worth of over €400m, which have an interest rate of 6.75%.
i wish he didnt sell the club, he love inter i could tell but money speak